Citi names one 'compelling emerging' theme to play real estate — and stocks and REITs to buy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Breaking News: Technology News

NVIDIA Corp,Citi Trends Inc,Ascendas India Trust

Real estate companies around the world are eyeing one area right now, in light of 'higher potential returns,' Citi says.

Real estate companies around the world are eyeing one area right now: data centers, according to Citi. "One of the compelling emerging themes globally across Real Estate is the expansion of industrial and diversified companies into datacenters," said Citi. "The higher potential returns from data center development is creating strong interest from real estate companies across the globe exploring and expanding their datacenter footprints," the bank added in a June 17 note.

Citi noted the push toward data centers is being driven by major themes such as artificial intelligence and nearshoring. "As a result, we expect demand to keep pace or outpace supply over the next few years, contributing to better KPIs and development returns for the data center category," Citi said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Real People, Real Business, Real Solutions: the NYC Small Business ExpoAneesa knew what all entrepreneurs know: starting a business anywhere is hard, let alone in New York City. But she also knew where to find help—and that’s
Source: amNewYork - 🏆 336. / 59 Read more »

Nvidia and more: Citi names global stocks to play the semiconductor boomThe global semiconductor industry is set to experience 'groundbreaking changes,' Citi says, naming its top stocks to play the theme.
Source: CNBC - 🏆 12. / 72 Read more »